Browsing Biltoki by Author "Fernandez-Macho, Javier"
Now showing items 1-5 of 5
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A Note on Wavelet Correlation and Cointegration
In a recent paper Leong-Huang:2010 {Journal of Applied Statistics 37, 215–233} proposed a wavelet-correlation-based approach to test for cointegration between two time series. However, correlation and cointegration are ... -
Stochastic Surface Models for Commodity Futures: A 2D Kalman Filter Approach
We propose a two-dimensional Kalman filter approach that, additional to the information contained in futures prices evolution over time, makes use of information contained in the term structure of commodity futures along ... -
The influence of cultural identity on the WTP to protect natural resources: some empirical evidence
This paper shows that cultural identity may have considerable influence on the WTP to protect natural resources. The Basque Country, the region with the highest ethnic homogeneity in Europe, serves as an example to illustrate ... -
Valuing environmental impacts of coastal development projects: a choice modelling application in Spain
Hoyos Ramos, David ; Riera Micaló, Pere; Fernández Macho, Francisco Javier ; Gallastegui Zulaika, María Carmen; García, Dolores (2008)Developmental monetary benefits of coast artificialisation projects are rarely confronted with the environmental benefits that its conservation may entail. As a consequence, policy-makers often face decision making processes ... -
Wavelet multiple correlation and cross-correlation: A multiscale analysis of euro zone stock markets
Statistical studies that consider multiscale relationships among several variables use wavelet correlations and cross-correlations between pairs of variables. This procedure needs to calculate and compare a large number ...